Register now for the Port of the Future Conference • 2 Days, 50 Ports • Houston/Galveston area, TX • April 12–14, 2027

Brazil: No Trade Impact to Iran Shipping Impasse

July 24, 2019

Brazil's foreign trade secretary Lucas Ferraz said there are no signs that the impasse involving Iranian ships without fuel near Brazilian ports will affect bilateral trade relations.

So far, Ferraz said, there has been no impact on Brazilian exports to Iran. The ships, scheduled to bring grains back to Iran, lack fuel for the journey because state-run oil company Petroleo Brasileiro SA refused to sell them bunker fuel due to U.S. sanctions on Iran.

Reporting by Rodrigo Viga Gaier

Logistics News

UAE Trade Pause, US Sanctions Threaten Indian Exports to Iran

UAE Trade Pause, US Sanctions Threaten Indian Exports to Iran

Russian Wheat Prices Drop, Shipments to Reach 16-Year Low

Russian Wheat Prices Drop, Shipments to Reach 16-Year Low

Perfect Storm: High Bunker Prices Meet Declining Fuel Quality

Perfect Storm: High Bunker Prices Meet Declining Fuel Quality

ARC Group Receives FEMA Award for Disaster-Relief Supply Deliveries

ARC Group Receives FEMA Award for Disaster-Relief Supply Deliveries

Subscribe for Maritime Logistics Professional E‑News

Maguire: High gas prices will test the endurance of US LNG exports.
Indian rescuers are searching for 22 missing people after a cargo ship sinks
UK Police arrest 12 after a crash in which seven people were killed is linked to organised crime